Explain why each of the following situations is an agency problem and what costs to the firm might result from it. Suggest how the problem might be dealt with short of firing the individual(s) involved.
a. The front desk receptionist routinely takes an extra 20 minutes of lunchtime to run personal errands.
b. Division managers are padding cost estimates to show short-term efficiency gains when the costs come in lower than the estimates.
c. The firm’s chief executive officer has had secret talks with a competitor about the possibility of a merger in which she would become the CEO of the combined firms.
d. A branch manager lays off experienced full-time employees and staffs customer service positions with part-time or temporary workers to lower employment costs and raise this year’s branch profit. The manager’s bonus is based on profitability
ersity Hennington Pond. Five groups of researchers collected thirty females each. The fish were collected using large nets and were contained in buckets. Fish grow continuously throughout life, allowing us to estimate their ages using their length and perform a vertical life table analysis The objective of the study was to test whether temperature affects the life history of Eastern Mosquitofish (Gambusia holbrooki) in FIU’s Hennington Pond,A statistical test was ran to compare the net reproductive rate(R0), mean generation time(G) and intrinsic growth rate(r) in seasons, summer and winter. The statistical test for each gave a p-value of less than 0.05. Concluding that there was a significant difference in the net reproductive rate, mean generation time and intrinsic growth rate between the two temperatures. Introduction Gambusia Holbrooki is an invasive freshwater fish species which is mostly native to the Eastern part of the United states of America. One of the main reasons they are so widespread is because they do very well in a wide variety of environmental conditions. Interestingly, there is some evidence to support that they earned the name Mosquitofish due to their ability to mitigate mosquito population and diseases.(Pyke,2008) . Typically, Eastern mosquitofish reproduce through internal fertilization, a male will fertilize up to six broods of females when mating. Temperature has been known to play a significant role in their reproductive processes. An Australian study found that breeding amongst G.Holbrooki took place when temperatures were above 15-16 degrees Celsius. (Pen & Potter,1991). On the other hand, it has also been found that an increase in temperature raises predation by other organisms. Which, in turn, lowers the population of Eastern mosquitofish (Meffe,2011). , Even though, Eastern mosquitofish are a notoriously invasive species, temperature is not the only factor that can limit their invasion. It’s been found that salinity also restricts the invasive success of the fish(Alcaraz, C. & García-Berthou, 2007). Specifically, higher salinity than average ambient freshwater salinities caused a later reproduction and embryonic development than seen in mosquitofish from freshwater or brackish water salinities, where G.Holbrooki typically reside . (Nordlie & Mirandi, 1996). Despite, these environmental exceptions G.Holbrooki are usually invasive and prefer still, shallow, as well as warmer waters. (Murphy, C. A., et al., 2015). The goal of this study was to explore the question “Does temperature affect the life history of Eastern Mosquitofish (Gambusia holbrooki) in FIU’s Hennington Pond? In order to dete>GET ANSWER